Delta Air Lines has reported its financial performance for the second quarter of 2025, delivering net income of $2.1 billion, representing a 63% increase year-over-year. This comes even as total operating revenue remained flat at $16.6 billion, indicating improved cost management and operational efficiency within the airline’s structure.
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Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in the United Arab Emirates, has posted strong financial results for the first quarter of 2025. The company reported total revenue of US$395.9 million and profit before tax of US$101.2 million, reflecting solid performance across its leasing portfolio and asset management operations.
Dan Air, a Romanian carrier, has entered into a wet lease agreement for a Boeing 737-700, identified by serial number 29346, from Smartwings, a Czech airline. The aircraft will be used for short-term operations, supporting Dan Air’s network requirements.
Air France-KLM reported solid financial results for the third quarter of 2024, with a 3.7% increase in Group revenues reaching $9.0 billion. The company posted a net income of $824 million, reflecting ongoing efforts to strengthen its position amidst global travel demand fluctuations.
Norwegian has announced plans to establish a new pilot base in Sweden, set to open in April 2025. This move reflects the airline’s long-term commitment to expanding operations in Sweden, which it views as a critical market for 2025 and 2026.
Tus Airways, based in Cyprus, has announced a shift in its ownership structure as Logo Jet of Israel increased its holdings to become the airline’s majority shareholder. Logo Jet recently acquired an additional 41.6% of Tus Airways’ shares, bringing its total ownership to 75%. The remaining shares are held by Global Knafaim Leasing (Israel) and Kenneth Woolley, each retaining a 12.5% stake in the airline.
Avation, a Singapore-based lessor, has announced the successful delivery and concurrent sale of a new ATR72-600 aircraft. This delivery marks the first of two ATR72-600s sold to an airline operating in the Caribbean region.
